Can I retire at age 30 with 1,810,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$149,468$148,137$146,838$145,570$144,332$141,941
2 years$73,994$72,616$71,280$69,986$68,729$66,328
3 years$48,839$47,455$46,123$44,840$43,605$41,267
4 years$36,265$34,885$33,566$32,305$31,099$28,843
5 years$28,722$27,350$26,048$24,813$23,641$21,473
6 years$23,695$22,333$21,051$19,843$18,706$16,629
7 years$20,105$18,756$17,494$16,314$15,213$13,228
8 years$17,414$16,077$14,836$13,686$12,621$10,726
9 years$15,323$13,998$12,778$11,657$10,629$8,824
10 years$13,650$12,338$11,140$10,049$9,056$7,340
11 years$12,283$10,984$9,808$8,745$7,789$6,159
12 years$11,144$9,859$8,704$7,671$6,749$5,205
13 years$10,182$8,909$7,777$6,772$5,886$4,423
14 years$9,357$8,098$6,987$6,012$5,159$3,777
15 years$8,643$7,398$6,309$5,361$4,543$3,238
16 years$8,019$6,788$5,720$4,800$4,015$2,784
17 years$7,469$6,251$5,205$4,313$3,560$2,401
18 years$6,980$5,776$4,751$3,887$3,165$2,075
19 years$6,544$5,353$4,349$3,512$2,821$1,797
20 years$6,152$4,975$3,992$3,181$2,520$1,559
21 years$5,797$4,634$3,672$2,887$2,255$1,355
22 years$5,475$4,325$3,384$2,625$2,021$1,179
23 years$5,182$4,045$3,124$2,391$1,815$1,026
24 years$4,913$3,790$2,890$2,180$1,631$895
25 years$4,666$3,557$2,676$1,991$1,468$780
26 years$4,439$3,343$2,482$1,821$1,322$681
27 years$4,229$3,146$2,305$1,666$1,192$595
28 years$4,034$2,965$2,143$1,527$1,075$520
29 years$3,853$2,797$1,994$1,400$971$455
30 years$3,684$2,641$1,857$1,285$877$398
31 years$3,527$2,497$1,732$1,180$793$348
32 years$3,380$2,363$1,616$1,085$718$305
33 years$3,241$2,237$1,508$997$649$267
34 years$3,112$2,121$1,409$918$588$234
35 years$2,990$2,011$1,318$845$533$205
36 years$2,875$1,909$1,233$778$483$179
37 years$2,766$1,813$1,154$717$437$157
38 years$2,664$1,723$1,080$661$396$138
39 years$2,567$1,639$1,012$609$360$121
40 years$2,475$1,559$949$562$326$106
41 years$2,387$1,484$890$518$296$93
42 years$2,304$1,413$835$478$268$81
43 years$2,226$1,347$783$442$244$71
44 years$2,151$1,284$735$408$221$62
45 years$2,079$1,224$690$377$201$55
46 years$2,011$1,168$648$348$182$48
47 years$1,946$1,114$609$321$166$42
48 years$1,884$1,064$572$297$150$37
49 years$1,824$1,016$538$274$137$32
50 years$1,767$970$506$254$124$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $1,810,000, adding $2,062 every year, while hoping to spend $53,994 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 55/35/10 Blend
29$1,810,000$1,810,000$1,810,000$1,810,000
30$1,996,747$1,900,817$1,872,762$2,101,500
31$2,142,966$1,936,508$1,878,050$2,208,338
32$2,302,290$1,972,138$1,881,706$2,318,502
33$2,475,998$2,007,647$1,883,618$2,437,164
34$2,665,498$2,042,971$1,883,668$2,565,142
35$2,872,342$2,078,039$1,881,734$2,703,338
36$3,098,235$2,112,778$1,877,686$2,852,744
37$3,345,057$2,147,105$1,871,390$3,014,457
38$3,614,874$2,180,934$1,862,703$3,189,683
39$3,909,964$2,214,173$1,851,476$3,379,752
40$4,232,833$2,246,721$1,837,554$3,586,133
41$4,586,244$2,278,472$1,820,773$3,810,441
42$4,973,234$2,309,310$1,800,963$4,054,460
43$5,397,152$2,339,115$1,777,944$4,320,155
44$5,861,685$2,367,754$1,751,527$4,609,694
45$6,370,891$2,395,088$1,721,518$4,925,466
46$6,929,243$2,420,968$1,687,709$5,270,105
47$7,541,665$2,445,235$1,649,887$5,646,515
48$8,213,581$2,467,718$1,607,825$6,057,899
49$8,950,967$2,488,237$1,561,288$6,507,787
50$9,760,404$2,506,599$1,510,029$7,000,073
51$10,649,141$2,522,599$1,453,791$7,539,049
52$11,625,165$2,536,017$1,392,304$8,129,446
53$12,697,272$2,546,622$1,325,287$8,776,484
54$13,875,153$2,554,167$1,252,444$9,485,913
55$15,169,486$2,558,387$1,173,467$10,264,079
56$16,592,031$2,559,006$1,088,036$11,117,973
57$18,155,746$2,555,725$995,813$12,055,306
58$19,874,907$2,548,231$896,448$13,084,579
59$21,765,241$2,536,188$789,573$14,215,164
60$23,844,078$2,519,243$674,805$15,457,394
61$26,130,507$2,497,018$551,744$16,822,661
62$28,645,563$2,469,117$419,972$18,323,526
63$31,412,422$2,435,115$279,053$19,973,834
64$34,456,618$2,394,565$128,530$21,788,851
65$37,806,287$2,346,992$0$23,785,406
66$41,492,427$2,291,894$0$25,985,479
67$45,549,195$2,228,738$0$28,420,955
68$50,014,227$2,156,959$0$31,100,709
69$54,928,991$2,075,963$0$34,049,657
70$60,339,180$1,985,117$0$37,295,261
71$66,295,142$1,883,754$0$40,867,793
72$72,852,356$1,771,167$0$44,800,616
73$80,071,951$1,646,610$0$49,130,509
74$88,021,288$1,509,291$0$53,898,007
75$96,774,590$1,358,377$0$59,147,792
76$106,413,646$1,192,985$0$64,929,110
77$117,028,578$1,012,182$0$71,296,244
78$128,718,697$814,983$0$78,309,022
79$141,593,435$600,347$0$86,033,389
80$155,773,376$367,176$0$94,542,027
81$171,391,400$114,307$0$103,915,050
82$188,593,930$0$0$114,240,752
83$207,542,318$0$0$125,677,879
84$228,414,363$0$0$138,324,850
85$251,405,992$0$0$152,256,388
86$276,733,109$0$0$167,603,349
87$304,633,628$0$0$184,509,929
88$335,369,723$0$0$203,135,028
89$369,230,299$0$0$223,653,747
90$406,533,719$0$0$246,259,043
91$447,630,808$0$0$271,163,546
92$492,908,166$0$0$298,601,570
93$542,791,814$0$0$328,831,321
94$597,751,214$0$0$362,137,338
95$658,303,705$0$0$398,833,173
96$725,019,378$0$0$439,264,354
97$798,526,464$0$0$483,811,647
98$879,517,259$0$0$532,894,648
99$968,754,659$0$0$586,975,742
100$1,067,079,363$0$0$646,564,472